3 things needed to buy a house: You Need All Three To Buy A Home
- 08/12/22 06:33 PM
There are potential buyers who want to purchase a home. Questioning them, I find they have good credit and a good income, so what is missing? They have no extra funds saved, no substantial down payment, for a rainy day. Let's talk about savings and my suggestion. Start a 'house account.' Set up a bank account, and name it something that will be encouraging, like "Our Own Home," 'The No-More Renting Fund.' or ' Landlord Freedom.'' There is one main rule. This account only goes one-way deposit! Never touch this money other than for your future home. What goes into this account stays in! (19 comments)